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Here is a masonry blog layout with no sidebarSaudi Aramco pursues war cover after attacks – sources
Aramco, the world’s largest oil company, has been looking for cover from insurers including those based at Lloyd’s of London and elsewhere in the London market.Available insurance options range from cover against a terror attack or sabotage through to full coverage, which includes war or civil war, along with compensation for the cost of business
Step up reform efforts to increase quality jobs and incomes, OECD to India
The latest OECD Economic Survey of India notes that while India has greatly expanded its participation in global trade in recent years, private investment remains relatively weak, the employment rate has declined amid a shortage of quality jobs, rural incomes are stagnating, and per-capita income varies considerably across states.
Over two-thirds of firms have suffered a political risk loss: Willis Towers Watson survey
Most respondents (71%) stated that the emphasis on political risk management at their company had increased since 2018, and nearly 40% felt that they were facing more pressure from investors regarding political risk management. The survey found that recent developments such as the China-US rivalry and the sanctions that have arisen as a result have made political risk more tangible.
RBI keeps rates on hold despite economy fears
The six-member monetary policy committee (MPC) unanimously voted to hold the key repo rate at 5.15% while the reverse repo rate was also held at 4.90%.The RBI reiterated that it would maintain an accommodative stance as long as it is necessary to revive economic growth which slowed to 4.5% in the September quarter from 7% a year ago, to stand at its lowest in more than six years.
Sons-in-law, daughters-in-law too could be arraigned if they neglect senior citizens: Draft Bill
The Maintenance and Welfare of Parents and Senior Citizens (Amendment) Bill, 2019, which has been cleared by the Union Cabinet and is likely to be introduced in Parliament soon, also removes the cap of Rs 10,000 as maximum maintenance.Now those who earn more should pay more to their parents as maintenance.
Kashmir economy suffers losses of Rs 15,000 cr since August: Trade body
Hussain claimed that the hotel and restaurant industry has seen more than 30,000 people losing their jobs. The e-commerce sector, which includes courier services for purchases made online, has seen 10,000 people losing their jobs, said Kashmir Chamber of Commerce and Industry (KCCI) president Sheikh Ashiq Hussain
Insurer estimates $2.5 trillion price tag for 10-year fight against climate change
Bermuda’s Catalina Holdings acquires Asia Capital Re
Consequently, ACR will cease writing business with immediate effect and all existing policies in force will be serviced until expiry. ACR said it will continue to honour all valid reinsurance quotes, as well as liabilities from outstanding commitments.Catalina said that it intends to use ACR and Singapore as a hub to build a strong Asian run-off platform.
Lloyd’s launches new space risk product and new analysis of the space sector
Railway spends Rs 22,000 crore on salary, pensions; finances take a hit
Cabinet clears personal data protection bill
Global carbon emissions slower than 2018, linked to India’s economic slowdown: Study
“Policies have been successful to varying degrees in deploying low-carbon technologies, such as solar, wind and electric vehicles. But these often add to existing demand for energy rather than displacing technologies that emit CO2, particularly in countries where energy demand is growing,” said study co-author Corinne Le Quere from the University of East Anglia in the UK.
India ranks 73rd in UN index assessing e-commerce readiness
India’s yield curve sees steepest rise in nine years, set to go up further
Rural India achieved 100 pc ODF status: Govt
“As a result, the sanitation coverage in the country, which was 38.7 per cent as on October 2, 2014 has increased to 100 per cent and all the 5,99,963 villages of the country have declared themselves ODF,” Minister of State in the Jal Shakti Ministry Rattan Lal Kataria said in a written response to a question in the Rajya Sabha.
Could life insurance go up in smoke for some vapers?
LIC removes convenience fee on credit card payments
Henceforth, all digital collections will be free of charges for customers. With this initiative, LIC’s valued policyholders can transact online seamlessly, free of charges. This facility of free transactions using credit card shall be applicable to and implemented across all collecting systems (Card less payment and card dip / swipe on Point of Sale machines).